9th Circuit Finds Accountant Not Liable For Company’s Financial Statements

( November 13, 2025, 2:28 PM EST) -- SAN FRANCISCO — A Ninth Circuit U.S. Court of Appeals panel affirmed a lower court’s dismissal of investors’ claims against a fuel-cell server manufacturer’s outside accountant, finding that the accountant was not liable as a certifier of the company’s financial statements because the accountant’s audit opinion did not make any misstatements of fact....